Stocks To Watch For Friday 12/19/14 – CDVI TAUG BCYP

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CDVI (Cal Dive, Intl.) had another great day, closing up by more than 19%, and now is up more than 200% on the week. If volume and momentum continues, CDVI could keep on going; as we’ve pointed out in previous blog posts, the stock has fallen a long way.  If it doesn’t hold .03 as support, it could fall back to it’s 52 week about 50% lower.

TAUG (Tauriga Sciences, Inc.) was one of today’s top performers based on price action and volume, closing up by more than 45% with more than 12 million shares exchanging hands between .0088 and .0163, and by closing just off it’s high at .016 it could continue higher tomorrow. The stock has faced major resistance just above it’s closing price at .017, but continued above average volume could propel the stock through it with enough momentum to push through; this is all hypothetical, keep the stock on close watch.

BCYP (Blue Calypso, Inc.) closed up 19.24% with nearly 1.5 million shares traded between it’s low of .0847 and it’s high of .101 (where it closed). The stock traded nearly 4 million shares two consecutive days in a row last week, and volume seems to have preceded price action; with a close over .10, it could continue past .12 with minimal resistance if shares remain tightly held.

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